Paper Chase Accountancy

JUNE 16, 2025

Did you know that nearly 60% of restaurants fail within the first year due to financial mismanagement? It’s critical for restaurant owners to understand and monitor key profitability ratios to ensure financial health and longevity. In essence, restaurant profitability ratios are integral to a restaurant’s fiscal success.

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Hotels Hospitality Cash Management Restaurant Law 93

Paper Chase Accountancy

JUNE 30, 2025

This discussion will provide a roadmap for mastering the art of accounting in the world of restaurants and bars. From the fundamentals of bookkeeping to hiring the suitable professionals, we’ll explore the necessary steps in the process. Restaurant accountants play a pivotal role in the financial success of these businesses.

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Bar Cash Management Hotels Inventory 93

Paper Chase Accountancy

JUNE 16, 2025

Just as a master chef carefully balances flavors, restaurant owners in NYC must balance their books. Outsourcing bookkeeping services can offer a plethora of benefits, from saving precious time to providing accurate financials tailored for the restaurant industry. Learn more about our Accounting Services !

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Cash Management Restaurant Law Hotels Hospitality 93

Paper Chase Accountancy

JUNE 23, 2025

Selecting the right accountant for your London-based restaurant can be as critical as choosing the perfect ingredients for your signature dish. It’s not just about hiring someone who’s good with numbers, but finding a professional who understands the unique financial challenges and complexities of the hospitality industry.

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Cash Management Restaurant Law Hotels Hospitality 93

Paper Chase Accountancy

JULY 25, 2025

See how restaurant bookkeeping fits into broader hospitality accounting practices. Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Fluctuating Occupancy/Demand: For hotels, occupancy rates directly impact revenue, while for restaurants, daily covers drive sales. FICA tip credit).

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Hospitality Cash Management Tip Distribution Seasonal Menu 52

Paper Chase Accountancy

JULY 10, 2025

Did you know that nearly 60% of new restaurants fail within the first year, often due to poor financial management? Understanding the basics of accounting can significantly improve a restaurant’s odds of success. Let’s take a closer look at this critical aspect of running a profitable restaurant business.

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Cash Management Hotels Restaurant Law Small Business 52

Paper Chase Accountancy

JUNE 15, 2025

Just as the pony express gave way to email, so too are traditional restaurant operations being replaced by outsourcing. When a restaurant chooses to outsource, it’s not simply about cutting costs. It comes with its own set of considerations that can significantly impact a restaurant’s bottom line.

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Operations Cash Management Hotels Hospitality 52

Paper Chase Accountancy

MAY 23, 2025

Like the navigators of ancient mariners’ ships, hospitality accountants in London are the unseen heroes guiding hotels and restaurants through the tumultuous seas of financial management. These professionals not only offer traditional bookkeeping but also provide specialized financial solutions crucial for hotels and restaurants.

Hotels 52

Hotels Hospitality Cash Management Restaurant Law 52

Paper Chase Accountancy

JUNE 6, 2025

If you think it’s all sunshine running a new restaurant in Dubai, you’re in for a surprise when the bookkeeping reality bites. It’s not simply about logging in receipts or payroll numbers, there’s a whole world of financial regulations, taxation laws and accounting intricacies that you need to consider.

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Cash Management Hotels Restaurant Law Hospitality 52

EATER

MARCH 12, 2025

Masked chefs make pizza in a restaurant kitchen in 2022. Jeffrey Greenberg/Universal Images Group via Getty Images Five years after the onset of the COVID pandemic, normalcy is increasingly a fragile concept After seven years of running a pop-up, Jarrett Stieber was finally ready to open his restaurant, Little Bear , in Atlanta.

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Paper Chase Accountancy

JULY 7, 2025

Consider a bustling restaurant, ‘Culinary Delights’, that, despite its popularity, had to shut its doors due to poor financial management. A restaurant’s survival isn’t just about cooking delicious food; it’s also about maintaining a healthy bottom line. Let’s dive into this critical discussion.

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Cash Management Hotels Restaurant Law Hospitality 52

Paper Chase Accountancy

MAY 21, 2025

Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. Uncover the myriad benefits of combining robust advisory and accounting support for both restaurants and hotels. Learn more about our Accounting Services !

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Sling

MAY 15, 2025

The only law on the books is the 1940 FLSA amendment that limits the hours of regular work to 40. Yet other companies only hire employees who can work full-time. It can also be incredibly beneficial to implement shift briefings — short informational meetings — before team members start work.

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Website Management Small Business Restaurant Law Customer Service 117

Paper Chase Accountancy

MAY 30, 2025

Sample Bookkeeping for Restaurants and Bars: In the hospitality industry without precise record-keeping, even the most successful establishments can find themselves adrift, struggling with cash flow, compliance, and ultimately, profitability. Bookkeeping is the often-unsung hero, forming the bedrock of smart financial management.

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Bar Cash Management Point of Sale Back of House 52

Paper Chase Accountancy

JULY 3, 2025

This is where hospitality accounting services come into play, with their expertise in managing the complex financial landscape of hotels and restaurants. Key Takeaways Hospitality accountants offer specialized financial services for hotels and restaurants, managing assets and ensuring regulatory compliance.

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Hotels Hospitality Cash Management Customer Service 52

Modern Restaurant Management

FEBRUARY 3, 2025

The restaurant industry has long relied on immigrant workers to fill key roles in kitchens, dining rooms, and management teams. With immigration regulations implemented under President Trump, many restaurant operators are facing challenges in maintaining their workforce and ensuring compliance with regulations.

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EATER

NOVEMBER 8, 2024

It was too late to form an opinion about her; to do so would be like having a personal opinion about a law of thermodynamics. hired her to cater a book release party, the executives present were reportedly impressed enough to see a book in her future. She poses with hired staff and notes when you will need them. Abrams, Inc.,

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Entertainment Book Front of House Back of House 306

Modern Restaurant Management

DECEMBER 17, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2025. I think 2025 will be the year restaurants focus on turning insight to action through integrations.

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2025 Back of House Front of House Customer Experience 419

EATER

FEBRUARY 12, 2025

An ICE officer | MediaNews Group via Getty Images We spoke to legal experts about what restaurant owners and workers can do to protect themselves from immigration raids In an interview on CNN , border czar Tom Homan bemoaned that immigrants in the U.S. were too informed.

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Document Employee Relations Restaurant Law Government 339

Paper Chase Accountancy

JULY 15, 2025

Imagine a bustling restaurant, where the sizzle of the grill and the clink of glasses form a symphony of success. Amid managing suppliers, staff, and daily operations, does a restaurant owner really have the time or expertise to effectively handle the financial side of the business? Learn more about our Accounting Services !

Cash Management 52

Cash Management Hotels Restaurant Law Hospitality 52

Paper Chase Accountancy

JUNE 24, 2025

Remarkably, recent statistics reveal that 60% of hospitality businesses, including hotels and restaurants, don’t have a dedicated Chief Financial Officer (CFO). Effective hiring practices and partnerships can improve financial management and align financial goals with operational objectives.

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Hotels Cash Management Hospitality Hiring 93

Paper Chase Accountancy

MAY 29, 2025

Is it not time we recognize the pivotal role outsourced accounting plays in the success of restaurant groups? Uncover the depth and breadth of the benefits that restaurant groups can enjoy from this often overlooked business strategy. It enhances compliance with tax laws, ensures accuracy, and provides timely financial reporting.

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Cash Management Restaurant Law Hotels Hospitality 52

Paper Chase Accountancy

JUNE 27, 2025

Key Takeaways Accounting and bookkeeping services in UAE offer detailed financial record-keeping, cash flow management, and compliance with local taxation laws. Restaurant-focused accounting services in Dubai provide industry-specific insights, manage financial complexities, and help in optimizing business performance.

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Cash Management Hotels Restaurant Law Customer Service 93

Modern Restaurant Management

FEBRUARY 4, 2025

Immigration and Customs Enforcement (ICE) has intensified its focus on industries that employ large numbers of undocumented workers, and restaurants remain a top target. Let’s explore past ICE enforcements against restaurants and, most importantly, what you can do now to protect your business.

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Audits Restaurant Law Document 2025 83

Paper Chase Accountancy

JULY 3, 2025

In the fast-paced, ever-evolving culinary world of London, it’s as if restaurants are still using abacuses instead of calculators if they aren’t utilising professional bookkeeping services. There’s an undeniable significance in meticulous financial management, especially in the restaurant industry.

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Cash Management Small Business Customer Service Hiring 52

Paper Chase Accountancy

JULY 15, 2025

It’s even more pertinent when operating in a dynamic city like Los Angeles, where local tax laws and financial regulations can be complex. Specialized bookkeeping services for LA restaurants ensure accurate tax filings and help avoid costly mistakes. The value of local expertise in bookkeeping can’t be overemphasized.

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Audits Restaurant Law Document Customer Service 52

Paper Chase Accountancy

JULY 18, 2025

Bookkeeping services in Los Angeles are instrumental in helping businesses navigate the intricacies of restaurant tax in Los Angeles and other industry-specific financial obligations. They ensure accurate reporting of Los Angeles restaurant tax, meeting all local and state guidelines.

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Management Management Audits Cash Management 52

Modern Restaurant Management

SEPTEMBER 13, 2022

Restaurants are filling up again, but hiring and retaining employees in the midst of a national workforce shake-up remains an uphill battle. With staff in short supply as millions of Americans continue to quit their jobs, restaurants looking to ramp up hiring for the busy season are faced with an ultra-competitive hiring market.

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Hiring Employee Relations Leadership Restaurant Law 530

7 Shifts

FEBRUARY 11, 2020

Disclaimer: The information contained in this article is general in nature and businesses should consider whether the information is appropriate to their needs. At its peak, Seattle boasted an impressive 3,000 restaurant locations. Just here for an overview of Seattle’s Fair Work Week Law?

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Restaurant Law Employee Relations Download Article 312

7 Shifts

SEPTEMBER 9, 2019

Disclaimer: The information contained in this article is general in nature and businesses should consider whether the information is appropriate to their needs. With labor laws on age, wage, overtime, and time off–many of which vary between New York State and New York City–it’s easy to overlook a law or two.

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Restaurant Law Cash Management Article Uniforms 283

Modern Restaurant Management

JULY 23, 2024

When we talk about the “restaurant of the future,” labor compliance isn’t exactly the flashiest or most exciting topic to include—certainly not when juxtaposed with salad-making robots and personalized digital menus. Restaurants face a multifaceted compliance situation.

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Restaurant Law Employee Relations Kitchen Safety Customer Experience 508

Modern Restaurant Management

NOVEMBER 26, 2019

In a job seekers market, if we don’t alter our approach to sourcing, recruiting, and hiring, we'll be left with open jobs and few applicants to fill them. This does not mean that you won’t find any candidates at all; you just need to look at candidates with other types of customer service experience beyond restaurants.

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Hiring Recruiting Restaurant Law Customer Experience 472

Modern Restaurant Management

JULY 6, 2020

Let’s start with an uncontroversial premise: California’s complex, ever-changing gauntlet of employment laws is difficult for any company to navigate. Yet you may still be wondering why, aside from the headache, does it matter for my restaurant? California employment law isn’t intuitive. Why Compliance Matters.

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Restaurant Law Document Insurance Hiring 482

Modern Restaurant Management

JANUARY 11, 2021

With health and safety on the forefront of everyone’s minds, restaurants need to build their strategies upon a foundation of trust and safety. COVID-19 testing of employees can maximize safety at your restaurant and make guests feel more comfortable with their dining experience. Restaurants are a people-oriented business.

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Restaurant Law Recruiting Customer Experience Dine-in 510

7 Shifts

OCTOBER 30, 2023

Florida is a great place to operate restaurants thanks to its huge tourism draw and an influx of retirees with disposable income. But beyond minimum wage laws, there are other Florida-specific regulations—like overtime laws and child labor laws—that affect the restaurant and hospitality industry.

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7 Shifts

JANUARY 26, 2022

Are you managing one location (or several) of a multi-unit restaurant business? If so, you're not alone - 3 in 10 restaurants are part of a multi-location business. One of the biggest challenges that comes with multi-location restaurant ownership is managing teams across locations. Challenges of Managing Large Restaurant Teams.

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Management Management Restaurant Law Hiring 459

Modern Restaurant Management

JULY 18, 2024

Across America, today's fast-paced restaurant work environment, burnout has become a critical issue that large corporate restaurants and mom and pop shops share in common. Honesty and Integrity Restaurant managers must lead by example, demonstrating honesty and integrity in all their actions.

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